I'm looking to buy in the mid-west.  Curious to see how much does everyone estimate for Vacancy and Cap Ex Expenses.  I've seen quite a range when I've researched this so Id like to hear first hand how much others est...

For years I have just been claiming the standard mileage deduction. We drove about 2500 miles last year and we are considering buying a vehicle this year. The vehicle is a CUV that will be under 6000 pounds and the ve...

I recently purchased a 5 unit building in my hometown. I am getting a late start on my books and was needing some help when it came to recording expenses for the building. I understand that when I spend money for a d...

Hi,
Please let me know how you protect yourself against the rent default and legal expenses that may occur with a rental. 
Thank you.
Catherine

Hey all,Have a portfolio of 6 properties in Cleveland, OH and as I'm looking to scale, I'm trying to better understand the numbers and essentially take a more active "Asset Manager" type of role, while allowing my pro...

Hello all I am currently underwriting a deal for a 2 family 3 story brick home in brooklyn,ny. I will have one 3 bedroom 2 full bath unit and the garden rental will be a 2 bedroom 1 full bath unit. I know my property ...

Hello all! Currently single in my late 20s living in Charlotte, NC. I own a new build that I live in and rent by the room and my PITI is completely covered by the rents from the rooms. I realized I truly hate living w...

Hello, What do you use to keep track of expenses (Quickbooks or any other tools)? Thanks,Olga

Hello,
I am wondering if there are any circumstances in which i can expense in the current year the purchase and installation of new LVP flooring that will be a floating floor?  More specifically,
1. Are there any c...

Hi all,Currently reviewing an opportunity for an RV park.  Mixed between long and short-term.  Amenities, pool, Office, etc, near major interstate exit.  How should I be reviewing expense ratio's and assumptions on la...